12th class Principle of Banking chapter 11 online mcq test with answers for ICom part 2 Principle of Banking Chapter 11 (Non-Negotiable Instruments)

ICOM Part 2 English Medium Principles of Banking Chapter 11 MCQ's Test

Start Chapter 11 Test

ICOM Part 2 Principles of Banking Chapter Wise Online MCQ's Test

Topic Test

00:00

Submit

ic-science-white

Principles of Banking

11th Chapter

ICOM Part 2 English Medium Principles of Banking Chapter 11 MCQ's Test

Top Scorers Of Chapter 0 "Principles of Banking Icom Part 2 English Medium Chapter 11 Online Test" MCQ`s Test

M

Mubashira 10 - Jul - 2021 00 Min 09 Sec 15/15
S

Sidra 12 - Jul - 2021 00 Min 48 Sec 15/15
H

Hassan Abid 22 - Jun - 2022 01 Min 10 Sec 15/15
B

bisma 08 - May - 2018 01 Min 16 Sec 15/15
M

Mudassar zaman 30 - Nov - 2018 01 Min 24 Sec 15/15
A

ayesha ayaz 25 - May - 2023 01 Min 54 Sec 15/15
A

ameer 13 - Jul - 2021 10 Min 50 Sec 15/15
Z

Zeshan 10 - Jul - 2021 01 Min 39 Sec 14/15
M

Malaika MA 03 - Aug - 2024 01 Min 41 Sec 14/15
K

KHALIL UR REHAMAN 13 - Aug - 2022 01 Min 52 Sec 14/15
S

Saif 08 - May - 2018 02 Min 08 Sec 14/15
M

Mohsina 11 - Jul - 2021 02 Min 44 Sec 14/15
A

Alisha 01 - Jul - 2021 03 Min 09 Sec 14/15
T

Teiyr 11 - Nov - 2025 03 Min 15 Sec 14/15
A

ALI AZAM 09 - Jul - 2021 01 Min 48 Sec 13/15

ICom Part II Principles of Banking (E.M) Chapter 0 Important MCQ's

Sr.#	Question	Answer
1	What does IOU mean	A. I am a debtor to you B. I am a creditor to you C. Both a and b D. None of these
2	Where are the stock certificates sold and bought	A. At commercial bank B. At central bank C. At post office D. At stock exchange
3	I Owe You is a written instrument drawn by	A. Trader B. Debtor C. Creditor D. All the above
4	Commercial letter of credit is issued for the facilty of:	A. Ambassadors B. Common people C. Businessmen D. Alll of the above
5	The letter of credit which can be endorsed to another person is called:	A. Special L.C B. Transferable L.C C. Resolving L.C D. None of the above
6	Stock certificate is a document issued by	A. Commercial bank B. Central bank C. Limited companies D. Stock-market
7	Which letter of credit is issued for a single or particular transaction:	A. Fixed B. Revocable C. Red clause D. Green Clause
8	Which of the following gets facility due to commercial letter of credit:	A. Home traders B. Exporter C. Importer D. Both exporter and importer
9	The important types of banker's letter of credit:	A. Two B. Three C. Four D. None of these
10	The first stage or step between importer and exporter for the purpose of sale and purchase is:	A. Oath or undertaking B. Agreement C. Contract with bank D. Issuing of L.C

Test Questions